India and Bhutan have signed an agreement in Thimphu for further developing hydro power, strengthening bilateral relations and cementing strategic relations between the two countries. The framework, Inter-Governmental Agreement between Bhutan and India concerning development of Joint Venture Hydropower Projects through the Public Sector Undertakings of the two Governments, was signed by the Secretary Ministry of Economic Affairs Bhutan , Mr. Sonam Tshering, Secretary Ministry of Power, Government of India Mr P.K. Sinha.The Inter-Governmental agreement provides the framework for implementing four Hydro power projects totaling 2120 MW, on a Joint Venture-model between Public Sector Undertakings of the two countries.At present three hydro-electric projects (HEPs) totaling 1416 Megawatt are already operational in Bhutan and are supplying electricity to India. Three more HEPs totalling 2940 MW , are under construction, and are scheduled to be commissioned by 2018.